SHAW GAS UNIT 1

Operated by FAULCONER ENERGY, LLC (P-5 263648) in the OVERTON (COTTON VALLEY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 199410District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Nov 2003 – May 2026
Value, last 12 filed months
$14
at the published price for each month
Months reported
271
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 702 leases and 702 wells, and the rule below applies to all of them.

Discovered
1977-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-03-25.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112004-04-29156515
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition2,057 bbl$118,064
GasProduction753,878 Mcf$4,539,300
Total$4,657,365

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.1895, -95.1477. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18952, -95.14766 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,955 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 11,955 ft.

Completions filed
Nov 2003
1 of 1 wells

1 well

42-42331683111,955 ftNov 2003

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (271)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

271 months

May 202600106.413.05$0
Apr 20260598.932.87$14
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 202501462.363.54$50
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024035080.301.55$541
Feb 2024031276.091.78$557
Jan 2024032273.023.30$1,062
Dec 2023028271.262.61$736
Nov 2023042477.892.81$1,190
Oct 2023044285.443.09$1,365
Sep 2023042289.042.74$1,154
Aug 2023036480.522.67$973
Jul 2023046374.852.64$1,223
Jun 2023039768.962.26$897
May 2023038370.622.23$853
Apr 2023037678.122.24$841
Mar 2023039572.852.39$945
Feb 2023038375.112.47$944
Jan 2023042676.533.39$1,443
Dec 2022044176.415.73$2,527
Nov 2022036685.005.65$2,067
Oct 2022050187.185.86$2,938
Sep 2022045884.888.16$3,739
Aug 2022037294.529.13$3,395
Jul 20220385101.587.54$2,904
Jun 20220395115.097.98$3,151
May 20220433109.378.43$3,652
Apr 20220548104.226.84$3,747
Mar 20220597108.885.08$3,031
Feb 2022160691.054.86$3,036
Jan 2022079381.844.54$3,598
Dec 2021078071.323.90$3,041
Nov 2021070377.435.24$3,682
Oct 2021159179.795.71$3,457
Sep 2021043869.865.35$2,344
Aug 2021035166.024.22$1,481
Jul 2021014370.783.98$569
Jun 2021022169.493.38$747
May 2021022763.483.02$685
Apr 2021023160.362.76$637
Mar 2021025161.302.72$682
Feb 2021022557.805.55$1,248
Jan 2021028650.412.81$804
Dec 2020026244.642.68$701
Nov 2020030338.772.71$820
Oct 2020017536.972.48$434
Sep 2020028237.091.99$561
Aug 2020022539.982.39$537
Jul 2020032638.371.83$595
Jun 2020034334.901.69$580
May 2020028116.921.81$510
Apr 2020020014.751.80$361
Mar 2020032530.341.86$603
Feb 20202130349.881.98$1,648
Jan 2020028057.252.09$587
Dec 2019038759.012.30$892
Nov 2019035555.302.75$977
Oct 2019050353.472.42$1,217
Sep 201917542455.052.66$10,760
Aug 2019148853.112.30$1,178
Jul 2019042156.272.46$1,036
Jun 2019034252.782.49$852
May 2019050858.482.74$1,392
Apr 2019046562.632.75$1,279
Mar 2019254656.803.06$1,786
Feb 2019056250.852.79$1,569
Jan 201901,02346.033.23$3,302
Dec 201801,15046.594.19$4,813
Nov 201801,03152.934.24$4,369
Oct 201801,00261.443.40$3,405
Sep 201801,23259.543.11$3,829
Aug 201811,37959.403.07$4,288
Jul 201801,35665.142.93$3,976
Jun 201801,34460.183.08$4,135
May 201801,42265.382.90$4,125
Apr 201821,40463.842.90$4,200
Mar 201801,42361.222.79$3,966
Feb 2018076161.782.77$2,105
Jan 201801,10962.874.01$4,446
Dec 201701,18057.272.92$3,447
Nov 201701,27455.423.12$3,973
Oct 201701,30549.292.98$3,894
Sep 201701,37347.523.09$4,239
Aug 201721,39845.373.00$4,291
Jul 201701,40043.873.09$4,322
Jun 201701,32142.493.09$4,078
May 201701,40945.373.26$4,598
Apr 201711,41647.933.21$4,596
Mar 201701,41346.772.98$4,216
Feb 201711,31850.452.95$3,942
Jan 201701,27149.413.42$4,345
Dec 201601,18448.763.72$4,408
Nov 2016084342.492.64$2,229
Oct 201601,05346.193.09$3,254
Sep 201601,28441.553.10$3,981
Aug 201611,34141.442.92$3,963
Jul 2016095541.622.92$2,793
Jun 201601,07845.352.69$2,895
May 201611,40042.521.99$2,830
Apr 201601,38836.561.99$2,764
Mar 201601,48133.011.79$2,657
Feb 201601,13526.472.06$2,342
Jan 201601,59127.352.36$3,762
Dec 201501,56532.362.00$3,132
Nov 201511,52538.792.17$3,344
Oct 201501,66943.552.43$4,050
Sep 201501,58042.992.76$4,358
Aug 201511,74940.162.87$5,064
Jul 201501,74848.152.95$5,148
Jun 201511,71156.152.88$4,989
May 201501,59855.212.96$4,723
Apr 201511,68549.822.71$4,610
Mar 201501,71942.892.93$5,045
Feb 201501,54044.662.98$4,583
Jan 201501,71643.433.10$5,321
Dec 201401,51554.693.59$5,441
Nov 2014096570.464.25$4,103
Oct 2014034178.303.90$1,330
Sep 2014041786.164.05$1,687
Aug 2014074589.394.04$3,006
Jul 201401,70196.564.18$7,110
Jun 20141541,13298.164.74$20,479
May 2014074694.734.73$3,526
Apr 2014086495.944.81$4,155
Mar 201401,21195.895.06$6,124
Feb 201401,24597.406.19$7,709
Jan 201401,54190.404.86$7,490
Dec 201301,13891.824.35$4,955
Nov 201301,50788.853.74$5,634
Oct 201301,56397.423.78$5,907
Sep 201301,401104.113.72$5,209
Aug 201301,102104.253.52$3,882
Jul 201301,324102.523.72$4,922
Jun 201301,16194.403.93$4,567
May 201301,56394.834.15$6,485
Apr 201301,77693.964.28$7,606
Mar 201301,88193.623.91$7,360
Feb 201301,76391.233.42$6,029
Jan 201301,92291.603.42$6,573
Dec 201212,04486.773.42$7,078
Nov 201202,12586.953.62$7,703
Oct 201202,02889.383.40$6,895
Sep 201201,67294.672.92$4,880
Aug 201201,23192.662.91$3,580
Jul 201201,30785.133.02$3,948
Jun 201201,59079.822.52$4,005
May 201201,48791.612.49$3,700
Apr 201201,603101.652.00$3,201
Mar 201201,781105.052.22$3,958
Feb 201201,758101.102.57$4,518
Jan 201201,84998.092.73$5,055
Dec 201101,95796.873.24$6,340
Nov 201101,97395.723.31$6,533
Oct 201102,04484.983.65$7,458
Sep 201102,18883.623.99$8,721
Aug 201102,23383.404.15$9,265
Jul 201102,34794.144.52$10,602
Jun 201101,98892.904.64$9,224
May 201102,36598.134.40$10,417
Apr 201102,311105.964.33$10,014
Mar 201112,12996.364.06$8,734
Feb 201102,23385.644.18$9,334
Jan 201102,67486.504.59$12,270
Dec 20101632,82985.734.35$26,274
Nov 201002,42780.843.80$9,211
Oct 201002,78278.103.51$9,762
Sep 201002,73672.633.98$10,888
Aug 201003,09473.684.42$13,674
Jul 201002,98772.554.74$14,148
Jun 201003,07570.364.91$15,099
May 201002,71471.124.24$11,494
Apr 201001,31181.694.12$5,405
Mar 201001,86178.394.39$8,167
Feb 201001,90873.585.44$10,384
Jan 201001,97374.365.96$11,767
Dec 200902,33271.445.48$12,788
Nov 200902,76574.593.75$10,373
Oct 200902,92072.544.11$12,002
Sep 200902,38065.543.06$7,294
Aug 200903,04867.423.22$9,810
Jul 200902,86061.133.46$9,908
Jun 200902,65366.163.90$10,333
May 200903,23354.743.93$12,692
Apr 200913,16446.773.59$11,398
Mar 200913,34342.144.06$13,611
Feb 200903,20932.814.63$14,867
Jan 200913,47635.865.37$18,705
Dec 200803,24437.105.98$19,390
Nov 200813,74555.496.86$25,748
Oct 200802,06475.246.92$14,287
Sep 200803,429101.767.88$27,011
Aug 200802,706114.228.48$22,955
Jul 200803,713131.0811.39$42,289
Jun 200814,053131.3313.03$52,953
May 200803,110123.1711.57$35,996
Apr 20081583,685110.3110.45$55,955
Mar 200813,945101.909.66$38,227
Feb 200803,89792.538.77$34,179
Jan 200804,46390.388.21$36,622
Dec 200703,25488.337.30$23,761
Nov 200714,11991.677.29$30,126
Oct 200714,61482.856.92$32,021
Sep 200714,36575.846.24$27,332
Aug 200704,57369.066.39$29,212
Jul 200714,73570.906.39$30,318
Jun 200714,74662.007.55$35,887
May 200715,18058.747.85$40,702
Apr 200714,58759.617.81$35,862
Mar 20071844,84856.927.30$45,873
Feb 200724,38755.108.22$36,154
Jan 200725,06350.306.73$34,159
Dec 200615,29656.656.92$36,697
Nov 200615,23254.207.62$39,909
Oct 200616,13854.906.01$36,968
Sep 200615,68860.085.04$28,712
Aug 200615,65268.717.34$41,554
Jul 200605,88969.376.34$37,353
Jun 200615,13166.286.38$32,822
May 200605,99966.016.42$38,544
Apr 200615,83364.397.36$42,998
Mar 200616,73456.707.08$47,753
Feb 200616,51657.597.75$50,564
Jan 20061867,44060.598.93$77,734
Dec 200507,64854.9413.42$102,601
Nov 200517,65354.6910.59$81,088
Oct 200518,24058.3413.80$113,735
Sep 200508,00661.4512.08$96,704
Aug 200518,62361.519.80$84,540
Jul 200509,81555.697.84$76,985
Jun 200519,71652.337.38$71,767
May 200519,53045.226.65$63,431
Apr 200506,65149.207.36$48,955
Mar 200519,59850.377.15$68,723
Feb 20051619,90145.226.31$69,775
Jan 200518,77843.166.32$55,539
Dec 2004110,12739.866.75$68,408
Nov 20041879,84045.286.33$70,759
Oct 200407,80249.706.52$50,831
Sep 2004010,98443.245.28$58,038
Aug 2004012,48542.375.55$69,300
Jul 2004113,60438.286.08$82,807
Jun 200418212,77236.106.43$88,733
May 2004115,67237.486.49$101,821
Apr 2004117,13734.475.86$100,431
Mar 2004120,31434.365.53$112,374
Feb 200421621,98132.455.51$128,116
Jan 2004029,55032.036.30$186,154
Dec 200321047,92630.266.30$308,367
Nov 2003218,27128.804.60$84,016

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                    5 Mcf  × $  2.87 =        $14

────────────────────────────────────────────────────
Month total                                      $14

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/G/199410 is the state's own key, not one this site invented.